For the second statement, it is good advice not to put all our money into Bitcoin. What would we call people who go against this rule? Gamblers? High-risk takers, or just plain stupid. I'll bet on Bitcoin. Would you?
Putting all your money in Bitcoin is definitely not a good idea, even when investing it's usually advised you don't make all your investment in one place but have some to keep to yourself, it's literally common sense that you don't put all your funds in one place just should Incase uncertainties happens you don't have to loose every of your hard earned money. 
Topic: Is Bitcoin still Beta Software (Read 306 times)
Work in progress and beta is not the same. Most software that is actively used is also actively developed with new features being added and bugs getting fixed. Beta version is not a full version, it lacks certain important parts without which the software is not complete. I would argue that when Satoshi released Bitcoin, it had all the necessary core features for doing what Satoshi has described in the whitepaper.
I understand your point, but I disagree. This is not how the software release lifecycle usually goes. The Alpha and Beta phases in software development are intended for testing the software and correcting bugs. Typically, the Alpha phase is conducted by the software development team, and the Beta phase involves the wider community or specific customers (or testers). There is no point in testing a product that doesn't even have core features completed.
After all, as I mentioned before, even Satoshi referred to the software as Beta from the time he released it until the end of his involvement in its development.
and even when Satoshi left the project, the software was still a work in progress, and further improvements and enhancements were made in subsequent versions.
Work in progress and beta is not the same. Most software that is actively used is also actively developed with new features being added and bugs getting fixed. Beta version is not a full version, it lacks certain important parts without which the software is not complete. I would argue that when Satoshi released Bitcoin, it had all the necessary core features for doing what Satoshi has described in the whitepaper.
I don't think the officially released Bitcoin software could ever count as beta, because beta implies that there will be a full release with a new blockchain. Sure, there was a lot of bugs in early days, but software in general is quite buggy at version 1.0, because bugs get uncovered when lots of users start to actually use the software. By definition beta is something incomplete, and when satoshi mined the first block, the software already was complete and had all the necessary functions for sending and receiving money.
I'm not entirely sure about that. Even Satoshi himself called the software as a beta version.
Someday when we haven't found any new bugs for a long time and it has been thoroughly security reviewed without finding anything, this can be scaled back. I'm not arguing that this is the permanent way of things forever. It's still beta software.
and even when Satoshi left the project, the software was still a work in progress, and further improvements and enhancements were made in subsequent versions.
I don't think the officially released Bitcoin software could ever count as beta, because beta implies that there will be a full release with a new blockchain. Sure, there was a lot of bugs in early days, but software in general is quite buggy at version 1.0, because bugs get uncovered when lots of users start to actually use the software. By definition beta is something incomplete, and when satoshi mined the first block, the software already was complete and had all the necessary functions for sending and receiving money.
Bitcoin in itself is not software,
Yes, it is. If you remove all the software components, what remains?
Bitcoin is not just software; it is also a protocol and a database, and it requires hardware components to function, much like the Internet or any other digital network. Nevertheless, at its core, Bitcoin is still fundamentally classified as software.
For example Electrum is an implementation of part of the protocol and hasn't been in beta for many years.
For those who are wondering why it's now v25.0 and not the old versioning system like v0.25.0, it started in release version 22.0.
Specifically this Pull Request: build: Drop the leading 0 from the version number (#20223)
Basically, they're just fed up with users asking when will v1.0 will be released and gone straight to v22.0.
But there's no mention that Bitcoin Core had been in beta phase nor going out of beta phase.
Specifically this Pull Request: build: Drop the leading 0 from the version number (#20223)
Basically, they're just fed up with users asking when will v1.0 will be released and gone straight to v22.0.
But there's no mention that Bitcoin Core had been in beta phase nor going out of beta phase.
You can say that Bitcoin is kind of like it's still in beta but if you think about it its existence then it's been around for years so that's make it less likely to be in beta for real that's why it's still an experimental as the others have said. The reason why I said it's like the same as beta as because it is still in experimental but if I am wrong then that's because the information you have seen is outdated and the one who posted it or publish it didn't update the status or the information.
It’s not really the age of existence that decides if a certain software is in beta phase or not — it’s mostly more of how production-ready a certain software is, and this is mostly decided by the developer/s. Obviously bitcoin is open-source so there’s no one central authority that decides on this.
I have never really thought or seen Bitcoin as beta software.
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According to the FAQ section from the Bitcoin.org website:
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- Ongoing development - Bitcoin software is still in beta with many incomplete features in active development. New tools, features, and services are being developed to make Bitcoin more secure and accessible to the masses. Some of these are still not ready for everyone. Most Bitcoin businesses are new and still offer no insurance. In general, Bitcoin is still in the process of maturing.
So, even though the Bitcoin Core software is no longer in beta, Bitoin as a whole is still considered to be "in the process of maturing". I think that's a good explanation.
You can say that Bitcoin is kind of like it's still in beta but if you think about it its existence then it's been around for years so that's make it less likely to be in beta for real that's why it's still an experimental as the others have said. The reason why I said it's like the same as beta as because it is still in experimental but if I am wrong then that's because the information you have seen is outdated and the one who posted it or publish it didn't update the status or the information.
Bitcoin in itself is not software,
Yes, it is. If you remove all the software components, what remains?
Bitcoin is not just software; it is also a protocol and a database, and it requires hardware components to function, much like the Internet or any other digital network. Nevertheless, at its core, Bitcoin is still fundamentally classified as software.
Bitcoin in itself is not software, and whoever says that refers to Bitcoin Core or any Bitcoin wallet that runs a full node, but the system itself is no longer Beta, but it is high-risk and transparent, so if you want to protect your privacy, you must take some measures to enhance it.
Some of the information on Factoid slots at https://bitcointalk.org/adrotate.php?adinfo needs some review and is not a source for learning things.
As for the quote Remember that Bitcoin is still beta software. The second part explains why Bitcoin is beta software
Some of the information on Factoid slots at https://bitcointalk.org/adrotate.php?adinfo needs some review and is not a source for learning things.
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
As for the quote Remember that Bitcoin is still beta software. The second part explains why Bitcoin is beta software
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
I noticed the quote above at the bottom of one of the first pages of the thread. I have never really thought or seen Bitcoin as beta software. It has been here for the past 14 years, and we have seen several releases in the Bitcoin core, with the latest being 25.0. Is it still beta software? If yes, how would we know that it is no longer beta software?For the second statement, it is good advice not to put all our money into Bitcoin. What would we call people who go against this rule? Gamblers? High-risk takers, or just plain stupid. I'll bet on Bitcoin. Would you?
Maybe Bitcoin become a legal tender is still experimental since only two country currently accept that, but Bitcoin itself isn't experimental anymore.
For now, it is just El Salvador that is that still accepts Bitcoin as legal tender. Last year the Central African Republic parliament made a law reversing the statute that made Bitcoin a legal tender in the country. So bitcoin is not a legal tender in CAR for now. 
Here it is - it is one the texts that shows up below the OP
It's already old, theymos isn't removing an old factoid, but he just add the new factoid.I'd call Bitcoin is beta software or experimental technology if there's a possibility of something bad could happen e.g. hack, centralized or anything that opposite with the whitepaper.
Maybe Bitcoin become a legal tender is still experimental since only two country currently accept that, but Bitcoin itself isn't experimental anymore.
The message that appeared was apparently the advertisement shared by the forum admin.
Factoids are not advertisement but they are educational sentences from forum admin.Quote
Regarding Bitcoin is still a beta software, I can't answer because I don't know about Bitcoin in detail.
It is what factoid roles is for, educational purpose.Wayback machine has an oldest snapshot on 8 May 2013 and the sentence was there. It means the specific factoid sentence has never been updated since 2013.
https://web.archive.org/web/20130508064500/https://bitcointalk.org/adrotate.php?adinfo
According to the post made by achow101 (who is one of bitcoin core developers), it's no longer a beta software, however it's still an experimental software.
I quite agree with this take. The Bitcoin Core software has been around for quite enough time already to probably exit the “beta” phase, but Bitcoin’s current age is still quite young to exit the “experimental” phase knowing how ambitious of an experiment Bitcoin is.
Here it is - it is one the texts that shows up below the OP
I have already questioned the messages that appear under the topic that appears randomly by creating a topic in Bitcoin Discussion so that I find the answer that the message that often appears under the topic is factoids.The message that appeared was apparently the advertisement shared by the forum admin.
You can deactivate advertisements so as not to be displayed again by installing a plugin to make an advertisement not displayed again. Settings on the Bitcointalk account profile are also available. This is all I found in the local discussion room shared by experienced members.
The messages are quite entertaining and useful.
Regarding Bitcoin is still a beta software, I can't answer because I don't know about Bitcoin in detail.
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For the second statement, it is good advice not to put all our money into Bitcoin. What would we call people who go against this rule? Gamblers? High-risk takers, or just plain stupid. I'll bet on Bitcoin. Would you?
Anyone who already knows the rules and has also read the experiences of others but decides to put all of his money into Bitcoin is only acting on their own choice, and you would not tell them how to spend their money; perhaps they have already read the rules, so let them be at risk for every result they get from their actions. It has been discussed several times that one should not put all their funds into Bitcoin unless they have better plans for other sources of income; otherwise, the person cannot hold their coin for a long time to earn profit. I think Anyone who is not following the rules is either relying on other sources of income or perhaps they have already made the agreement to sell off as soon as they have any arising need for money. So, my point is that whoever chooses that part already knows what they are in for.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
I noticed the quote above at the bottom of one of the first pages of the thread. I have never really thought or seen Bitcoin as beta software.Do you mind sharing the URL exactly where you read it?
That sentence is from Forum ad info page and it is one sentence randomly chosen and display from 570 sentences. Randomly 1 / 570 sentences will be chosen and display as the Factoid slot for forum ad banner.
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Maybe it's an old post and at that time, the update which they were referring to was in actual Beta?
It is a long time I guess. 
Do you mind sharing the URL exactly where you read it? Maybe it's an old post and at that time, the update which they were referring to was in actual Beta? Bitcoin is not in Beta and is actually on the version 25 of Core release as you already mentioned. Please include the post URL or give more information, "above at the bottom" doesn't make any sense and don't even help to locate it personally.
Here it is - it is one the texts that shows up below the OP
According to the post made by achow101 (who is one of bitcoin core developers), it's no longer a beta software, however it's still an experimental software.
You can see the full list of factoids here: https://bitcointalk.org/adrotate.php?adinfo
Bitcoin Core still (intentionally) contains a line that says "this software is experimental". The line saying that Bitcoin Core is beta software was removed in 2014.
Do you mind sharing the URL exactly where you read it?
OP is referring to factoids that are displayed randomly under the first post of every page. You can see the full list of factoids here: https://bitcointalk.org/adrotate.php?adinfo
Is this the thread you are referring to? Bitcoins are experimental beta software. It will be replaced. ?
Putting all your money into one thing is never advisable, even if the thing is not Bitcoin. It's always advisable for someone not to have overconfidence to the extent that it could lead to that person's foolishness. Putting all your hard-earned cash and investment into Bitcoin means you have handed over your life to Bitcoin, as your blood pressure will now be regulated by how the price of Bitcoin goes up or down. Anytime you see a great deal in the market, the doctor will have to be called, or you will have your Prinivil and Zestril in your hands all the time .
For the second statement, it is good advice not to put all our money into Bitcoin. What would we call people who go against this rule? Gamblers? High-risk takers, or just plain stupid. I'll bet on Bitcoin. Would you?
Putting all your money into one thing is never advisable, even if the thing is not Bitcoin. It's always advisable for someone not to have overconfidence to the extent that it could lead to that person's foolishness. Putting all your hard-earned cash and investment into Bitcoin means you have handed over your life to Bitcoin, as your blood pressure will now be regulated by how the price of Bitcoin goes up or down. Anytime you see a great deal in the market, the doctor will have to be called, or you will have your Prinivil and Zestril in your hands all the time .
Do you mind sharing the URL exactly where you read it? Maybe it's an old post and at that time, the update which they were referring to was in actual Beta? Bitcoin is not in Beta and is actually on the version 25 of Core release as you already mentioned. Please include the post URL or give more information, "above at the bottom" doesn't make any sense and don't even help to locate it personally.
Quote
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
I noticed the quote above at the bottom of one of the first pages of the thread. I have never really thought or seen Bitcoin as beta software. It has been here for the past 14 years, and we have seen several releases in the Bitcoin core, with the latest being 25.0. Is it still beta software? If yes, how would we know that it is no longer beta software?For the second statement, it is good advice not to put all our money into Bitcoin. What would we call people who go against this rule? Gamblers? High-risk takers, or just plain stupid. I'll bet on Bitcoin. Would you?
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